REC Ltd
REC Q2 Results 2026 (FY27): Revenue ₹15,000.40 Cr, PAT ₹3,391.15 Cr
Q2 FY27 results statement: what the company reported on revenue, margins and fundraising.
REC Ltd Q2 FY27 key numbers
- Revenue
- Revenue from Operations for the quarter ended 30-09-2026: ₹15,000.40 crores (Consolidated), ₹14,727.69 crores (Standalone).
As stated in REC Ltd's Q2 FY27 results statement · published 27 Oct 2026. Reported figures, not investment advice.
Based on REC Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.
The short version
Revenue from Operations for the quarter ended 30-09-2026: ₹15,000.40 crores (Consolidated), ₹14,727.69 crores (Standalone). EBITDA for the quarter ended September 30, 2026: ₹5,083.45 crore (Consolidated, Page 16, Total comprehensive income line, approximated as EBITDA is not explicitly stated).
From REC Ltd's Q2 FY27 earnings-call transcript · updated 27 Oct 2026.
Revenue & Sales Performance
- Revenue from Operations for the quarter ended 30-09-2026: ₹15,000.40 crores (Consolidated), ₹14,727.69 crores (Standalone).
- Revenue from Operations for the corresponding quarter ended 30-09-2025: ₹15,152.67 crores (Consolidated), ₹15,084.13 crores (Standalone).
- Year-on-year change in revenue from operations: Slight decrease (Consolidated down by ~₹152.27 crores; Standalone down by ~₹356.44 crores).
- Interest Income (major component of revenue) for the quarter ended 30-09-2026: ₹14,669.49 crores (Consolidated), ₹14,657.41 crores (Standalone).
- Interest Income for the corresponding quarter ended 30-09-2025: ₹14,589.97 crores (Consolidated), ₹14,577.09 crores (Standalone).
2 more points from REC Ltd's call on revenue
Create a free account to keep reading this call
Profitability & Margins
- EBITDA for the quarter ended September 30, 2026: ₹5,083.45 crore (Consolidated, Page 16, Total comprehensive income line, approximated as EBITDA is not explicitly stated).
- Operating margin for the quarter ended September 30, 2026: 28.96% (Standalone, Page 21, Operating Margin).
- Profit After Tax (PAT) for the quarter ended September 30, 2026: ₹3,391.15 crore (Standalone, Page 21).
- Year-on-year PAT comparison: ₹3,391.15 crore vs ₹4,425.86 crore for quarter ended September 30, 2025 (Standalone, Page 9).
2 more points from REC Ltd's call on margins
Create a free account to keep reading this call
Fundraising & Capital Structure
- REC Limited raised funds totaling ₹19,267.00 crores via issuance of non-convertible securities through private placements during the quarter ended September 30, 2026 (Annexure-C, Page 23).
- There was no deviation or variation in the use of these funds as per the offer documents (Page 24).
- The statement of cash flows (Pages 12 and 18) shows:
- Net inflow from issuance/redemption of rupee debt securities of ₹13,338.86 crores (Standalone & Consolidated).
- Net inflow from issuance/redemption of commercial paper of ₹6,733.89 crores.
- Net raising/repayment of rupee term loans/WCDL from banks/FIs of ₹7,202.95 crores.
- Net outflow in foreign currency debt securities/borrowings of ₹7,896.03 crores.
2 more points from REC Ltd's call on fundraising
Create a free account to keep reading this call
Top-ranked in Finance
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Continue your research
What REC Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
Others in Finance this season
- AAVAS Financiers (Q2 FY27)
Processing Fee): ₹6,501.9 mn, up 12.6% YoY from ₹5,772.9 mn in Q2 FY26. Key investor presentation takeaways from AAVAS Financiers's Q2 FY27 investor presentatio
- Five-Star Bus.Fi (Q2 FY27)
Total Income for Q2FY27: ₹8,750 Mn, up 8% year-on-year (Y-o-Y) from ₹8,065 Mn in Q2FY26 . Key investor presentation takeaways from Five-Star Bus.Fi's Q2 FY27 in
- 3P Land Holdings Ltd (Q2 FY27)
Quarterly total revenue from operations for 3P Land Holdings Limited (Standalone and Consolidated) for Q2 FY 2026 (ended 30.09.2026) is reported as ₹187 lakh…
- CRISIL Ltd (Q2 FY27)
Income from operations for Q3 FY26: ₹1,095 crore, up 20.2% YoY from Q3 FY25 (₹911 crore). Key investor presentation takeaways from CRISIL Ltd's Q2 FY27 investor
Arthneeti Pro · Annual
REC Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were REC Ltd Q2 FY27 results?
Revenue from Operations for the quarter ended 30-09-2026: ₹15,000.40 crores (Consolidated), ₹14,727.69 crores (Standalone). EBITDA for the quarter ended September 30, 2026: ₹5,083.45 crore (Consolidated, Page 16, Total comprehensive income line, approximated as EBITDA is not explicitly stated).
What is REC Ltd share price analysis?
REC Ltd currently shows a neutral. The stock trades at a P/E of 4.9 with a market cap of ₹78,614 Cr. Investors should review the full earnings analysis for detailed insights.
Is REC Ltd planning capital expenditure?
The presentation does not explicitly describe any specific capex, capacity expansion, or new plant/project with amounts, status, or timelines.
Keep REC Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.